How Syria illustrates Iran’s malign economic influence in the Middle East ...Saudi Arabia

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How Syria illustrates Iran’s malign economic influence in the Middle East
Sun, 2022-06-12 00:10 DUBAI: After more than a decade of civil war, regime-held Syria is in a state of economic ruin. Conflict, endemic corruption, drought and the mass migration of skilled workers have exacted a devastating toll, leaving the country ripe for exploitation. According to the World Bank, Syria’s gross domestic product shrank by at least 50 percent between 2010 and 2019, leaving more than 90 percent of the population below the poverty line and more than 50 percent facing extreme poverty. In this vulnerable state, Syria’s domestic markets have been flooded with cheap imports.Main category: Middle-East

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